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Sharing Lottery Winnings With Everyone

This is a wonderful stat, and really heart-warming to know that lottery winners have such good hearts. More than three quarters of all lotto winners share their winnings with parents, children, brothers and sisters. Despite the dizzying success of winning the lottery and having millions in the bank, most lottery winners remember that the greatest value in the world is family and friends. The lottery is a curious thing. Most of us don’t pay much attention to it except for those once-in-a-blue-moon occasions when it gets up to an astronomical amount or at least more astronomical than its generally comparatively huge amount and news outlets kick off a fervor about how outlandish the figure is.

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A lottery is a game of chance in which people pay for the opportunity to win prizes. Part of the money taken in by a lottery is used to award the winners and to pay the costs of administering the lottery. The money left over is profit. Lotteries are extremely popular and legal in more than a hundred countries. But while the lottery seems like a pretty straightforward premise like pay a small amount and win a big amount. Lotteries work in some ways like a voluntary tax, with ticket buyers paying money into the state that then goes to much worthwhile expenditure like parks, education, and emergency responders. Lottery winners generally have six months to one year to collect their prizes, depending on state rules. If the top prize, usually called the jackpot is not won, the amount of the jackpot usually rolls over to the next drawing, increasing the jackpot. Lotteries are often most popular when the jackpot has rolled over several times and grown to an unusually large amount.